Napster makes gains in colleges

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It is.

---Any proof that the music service is failing?---

Well, it depends on how you define "failing", but they're certainly
doing extremely poorly. Here's a report from late June
commenting on Napster announcing they'd sold 10 million
songs:
http://www.appleturns.com/scene/?id=4765

Also of note, Napster reports that it's sold "over 10 million
tracks" in the 233 days since it went live. Gee, Apple sold the
same number in just 128 days-- and that was only to Mac users.
And the icing on the coffin (final nail in the cake?) is that one
analyst estimates that Napster will have to post annual revenues
"close to $300 million to break even," while Napster's official
forecast this year is for revenues of (cough) $40 million.
Whoops.

---I bet any other Online Music Service would love to have
College tie in's.---

Well, not in the way this is being done. Steve Jobs has
repeatedly railed against the idea of people renting their music
rather than buying it, so I can't see an iTunes rental deal like
Napster offers to colleges.

Posted by: tic swayback   Posted on: 07/19/04 You are currently: a Guest | Members login | Terms of Use

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